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Rosie Allery, Martin’s wife and owner of MA Hydraulics, said: “This is a new and exciting chapter for the business and we are grateful to the support of NatWest in helping to make Martin’s dream a reality.

“It is an important step for us in future-proofing and expanding our business.”

MA Hydraulics supplies a wide range of components to customers from mobile operators to large industrial bases.

It started primarily as a regional distributor for UK-sourced hydraulic system components.

But it has grown to compete on a national level and is now the exclusive agent for several European and worldwide manufacturers.

The company is now set to hold an open day from 10am to 4.30pm on Wednesday (June 21).

The event will showcase its new unit, with a new customer trade counter also set to be launched on the day.